Huntington Bank launched its new mobile applications for the Android and iPhone operating systems, downloadable at no charge. With these new applications, users will be able to find a branch or ATM and contact customer support. Customers enrolled in retail and small business online banking will be able to view real-time account balances and account activity, pay bills, and transfer funds. Click here for more information.
Rockland Trust now offers mDeposit, a free mobile remote deposit capture iPhone application available for both retail and business customers. The app uses the device’s camera to scan and deposit checks directly from their mobile phone. Rockland Trust expects to release BlackBerry and Android apps later this year. The mDeposit app is separate from their standard mobile banking app. For more information, please review the Q1 2011 issue of the Quarterly Treasury Management Product Bulletin coming in April.
U.S. Bank and Monitise Americas launched AccelaPay mobile banking, the first solution with bill pay capabilities for AccelaPay Visa prepaid cardholders designed for businesses. The free application is available for Blackberry and iPhone users on accelapay.com. Click here for more information.
Smartphone applications like Shopkick may be the answer for banks with reduced revenue from the new debit and credit card regulations. The Shopkick iPhone application lets customers earn reward points just by entering a participating store and could allow for a genuine mobile loyalty program. Click here for more information.
Chase is now offering QuickDeposit allowing customers to deposit their checks via their iPhone. Customers snap a picture of the front and back of their endorsed checks and send it using the Chase Mobile app. The service is free for eligible Chase checking customers. Click here for more information.
JP Morgan Chase has updated Chase Mobile to include a free iPhone app for Quick Deposit. This service allows customers to deposit checks by taking a picture with their iPhone. Customers are able to deposit up to $1,000 daily and $3,000 monthly. This recent update also includes the addition of a new service, QuickPay, which allows for person-to-person payments using an email address. For more information, please see our upcoming 2010 Remote Deposit Capture Review.